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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities    
Net loss $ (44,352) $ (45,070)
Adjustments for non-cash items:    
Depreciation and amortization 83,019 57,930
Accretion of debt discount and debt issuance costs 13,084 11,456
Loss on prepayment of Senior Notes 5,777  
Provision for inventory obsolescence 754 1,159
Loss on disposal of property and equipment   45
Stock-based compensation 12,602 9,697
Change in fair value of contingent consideration and unfavorable contract (22) (2,733)
Deferred income taxes (18,193) (13,238)
Excess tax benefit from stock-based compensation (984) (4,011)
Other 617 391
Changes in assets and liabilities:    
Accounts receivable (15,833) (41,352)
Receivables from collaborative partners 134 181
Inventories (1,519) 7,533
Prepaid and other assets (987) (2,208)
Income taxes receivable (8,147) (15,598)
Accounts payable and other accrued liabilities 6,890 107,821
Interest payable (4,903) 13,836
Net cash provided by operating activities 27,937 85,839
Investing Activities    
Purchases of property and equipment (2,786) (1,162)
Acquisition of business   (1,050,000)
Purchases of marketable securities (48,861) (62,153)
Maturities of marketable securities 108,207 72,505
Sales of marketable securities 2,007  
Net cash provided by (used in) investing activities 58,567 (1,040,810)
Financing Activities    
Proceeds from the issuance of Senior Notes   562,063
Senior Notes issuance costs   (511)
Repayment of Senior Notes (100,000)  
Repayment fees for repayment of Senior Notes (5,000)  
Proceeds from issuance of common stock 6,785 8,240
Excess tax benefit from stock-based compensation 984 4,011
Net cash (used in) provided by financing activities (97,231) 573,803
Net decrease in cash and cash equivalents (10,727) (381,168)
Cash and cash equivalents at beginning of year 101,084 488,668
Cash and cash equivalents at end of period 90,357 107,500
Supplemental Disclosure of Cash Flow Information    
Net cash paid for income taxes 83 77
Cash paid for interest 53,043 $ 23,715
Capitalized expenditures incurred but not yet paid $ 392